Best Week in a While for U.S. Markets!

What a Start to the Year!

After the rollercoaster ride of 2020, investors are off to a great start in 2021! The U.S. markets just had their best first week of a Presidential term since 1985. It seems like the new administration is already winning over investors with its business-friendly approach.

The Trump Effect

President Trump’s focus on supply-side policies and his decision not to immediately implement sweeping tariffs have been received well by the markets. This comes as a relief to investors who were worried about the inflationary impacts of trade and fiscal policies. As a result, the S&P 500 posted record-highs for the first time since early December, gaining another 1.7% on the week. This marks back-to-back weekly gains following a string of losses.

What Does This Mean for Me?

As an individual investor, the positive movement in the markets could mean good news for your portfolio. It’s always a good idea to stay informed and keep an eye on market trends to make informed decisions about your investments.

What Does This Mean for the World?

The strong performance of the U.S. markets is a good sign for the global economy as well. A thriving U.S. economy usually has positive ripple effects around the world, impacting everything from trade to investment opportunities.

In Conclusion

Overall, the U.S. markets are off to a great start in 2021 thanks to the business-friendly approach of the new administration. It will be interesting to see how this momentum continues in the coming weeks and months.